CFP® Program Course Descriptions
- CFP 021 Personal Financial Planning Process & Environment
Financial planning process; client/planner interactions; time value of money applications; personal financial statements development and assessment; cash flow and debt management; asset acquisition; education planning; planning elements of risk management; investment planning; and retirement planning; special needs planning review; integrating planning recommendations; financial planning ethics review; overview of practice management concepts.
- CFP 022 Insurance Planning
Introduction to risk management and insurance decisions in personal financial planning. Topics include insurance for life, health, disability, property and liability risks, as well as annuities, group insurance, and long term care.
- CFP 023 Income Tax Planning
The course focuses on principles and current law and practice of income taxation and its impact on financial planning for individuals, couples and families in their roles as investors, employees and business owners.
- CFP 024 Employee Benefit & Retirement Planning
The focus on preparation for retirement includes the importance of planning, an evaluation of the client’s needs, and an understanding of Social Security and Medicare, and qualified and non-qualified retirement plans.
- CFP 025 Investment Planning
This course provides the student with an understanding of the various types of securities traded in financial markets, investment theory and practice, portfolio construction and management, and investment strategies and tactics.
- CFP 026 Estate Planning
Estate Planning focuses on the process of efficient conservation and transfer of wealth, consistent with the client’s goals. It is a study of the legal, tax, financial and non-financial aspects of this process, covering topics such as trusts, wills, probate, advanced directives, charitable giving, wealth transfers and related taxes.
- CFP 097 Financial Planning Capstone
The course engages the student in critical thinking and decision-making about personal financial management topics in the context of the financial planning process; emphasis on the refinement and development of skills needed for personal financial planners when working with individuals, families, and business owners in meeting financial needs and objectives. Pre-Requisites: CFP 021-026
Each course within the Certified Financial PlannerTM program qualifies as 32 professional development hours.